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.png "Brevan Howard Digital Invests $20M in Kinto, Signaling Institutional Adoption of Secure DeFi Platform")
ABU DHABI, UAE – February 17, 2025 – Brevan Howard Digital, the crypto and digital asset arm of leading global alternative investment manager Brevan Howard, has deployed $20 million on Kinto, a cutting-edge Layer-2 blockchain platform designed for secure and compliant participation in the decentralized finance (DeFi) ecosystem. This significant investment marks a growing trend of institutional interest in DeFi and highlights Kinto's unique approach to addressing the security and regulatory concerns that have previously hindered mainstream adoption.
Kinto offers a modular exchange and non-custodial smart contract wallet, providing access to DeFi opportunities while adhering to stringent legal and compliance standards. The platform distinguishes itself through native Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols implemented at the blockchain level, default wallet insurance, and robust security features. These features address key concerns for institutional investors, paving the way for greater participation in the DeFi space.
Brevan Howard Digital's investment enables them to participate in Kinto's innovative mining program, which rewards users for on-chain activity with token emissions. This program, set to run for ten years with decreasing rewards over time, offers a compelling incentive for early adopters. Traditionally, such programs have been challenging for institutional investors to access due to security, technical, and compliance hurdles. Brevan Howard Digital's involvement signifies a breakthrough in bridging the gap between traditional finance and the evolving DeFi landscape.
"Institutions have been waiting for two things: regulatory clarity and compliance features," stated Ramon Recuero, CEO and co-founder of Kinto. "Now, through Kinto, financial institutions don't need to wait any longer." Recuero believes that forward-thinking digital asset managers like Brevan Howard Digital recognize the transformative potential of DeFi and anticipates a surge in institutional engagement in the coming months.
About Kinto:
Kinto is a Layer-2 solution built on Ethereum, focused on providing secure and insured financial services within the DeFi ecosystem. It operates with a non-custodial, transparent, and permissionless approach, governed by a community-elected two-layer system. Kinto seamlessly integrates traditional and decentralized finance, offering the benefits of KYC and AML compliance without compromising the core advantages of DeFi. The platform prioritizes user safety through KYC, insurance, and robust AML & fraud monitoring at the blockchain level. For more information, visit https://www.kinto.xyz/.
About Brevan Howard Digital:
Brevan Howard Digital is the dedicated crypto and digital asset division of Brevan Howard, a leading global alternative investment manager. With over 60 team members and a global presence across eight hubs, BH Digital provides institutional investors with access to the diverse opportunities presented by blockchain technology. For more information, visit www.brevanhoward.com/brevanhoward-digital.
Key Features of Kinto:
- Layer-2 Scaling Solution: Built on Ethereum using the Arbitrum Nitro Stack for enhanced scalability and efficiency.
- Security and Compliance: Native KYC/AML, default wallet insurance, and robust security measures.
- Non-Custodial Smart Contract Wallet: Users maintain control of their assets.
- Modular Exchange: Provides access to a range of DeFi opportunities.
- Community Governance: A two-layer governance system ensures community involvement.
- Mining Program: Rewards users for on-chain activity.
Compiled by CMO Intern team
